This week’s White House Report Card finds President Joe Biden muttering through another week that didn’t help his party’s chances in the 2022 congressional midterm elections just about five weeks away.
The highlights of the week were continued increasing inflation, a surprise decision to rip 770,000 students out of the college loan forgiveness program, Russia’s annexation of four Ukrainian territories, and Biden’s shocking decision to call out for the late Jackie Walorski, an Indiana Republican congresswoman who died in a car crash in August, during a speech.
To begin with, the bear Dow Jones Industrial Average dropped below 30,000, losing all the gains it had made since Biden became president. That was a direct result of the inflation and higher interest rates brought about by Biden’s reckless and wasteful spending. The SPR oil supply was intended to, and should, be used only for real emergencies such as an anti-U.S. oil embargo. Now that Biden has made us again dependent on foreign oil, his use of it is another abuse of power. And so is his $400 billion-plus buyout of student loans. That loan buyout, as presented in a new lawsuit to block it by several states, is beyond Biden’s legal and regulatory powers.
Over 50 years ago, I was with a girlfriend at an art show, and one of my high school students came up to say hello. The student was wearing a sundress, and something unflattering was on her neck. My girlfriend said, 'Hold on a second,' and flicked what she thought was a fly on the student. Well, it was a mole, sad to say. And I never talked to that student again. But I remember like it was yesterday.
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